FX.co - AUD/JPY reacting below resistance, potential drop!

2019-12-11T06:12:54

Long-term review

Trading Recommendation

Entry: 74.230

Reason for Entry: 50% Fibonacci Retracement

Take Profit : 73.680

Reason for Take Profit: 78.6% Fibonacci retracement, 100% Fibonacci extension

Stop Loss: 74.850

Reason for Stop loss:

horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ AUD/JPY reacting below resistance, potential drop!